NEO (NEO) plunges -8.36% on December 7-8

December 8, 2017 - By Clifton Ray

NEO (NEO) had a bad 24 hours as the crypto declined $-2.96 or -8.36% trading at $32.45. According to Global Crypto Analysts, NEO (NEO) eyes $35.70 target on the road to $95.69. NEO last traded at BitTrex exchange. It had high of $36.48 and low of $31.15 for December 7-8. The open was $35.41. About 592,031 NEO worth $19.73 million traded hands.

NEO (NEO) is up 7.81% in the last 30 days from $30.10 per coin. Its down -2.64% in the last 100 days since when traded at $33.33 and the annual trend is up. 200 days ago NEO traded at $0.72. NEO has 65.00M coins mined giving it $2.11 billion market cap. NEO maximum coins available are 100.00 million. NEO uses algorithm and proof type. It was started on 01/01/0001.

NEO is a platform in which users can issue and trade assets. NEO has been rebranded from the original ‘Antshares’. NEO tokenizes proofs of ownership of an asset and not the asset itself thus taking into account all of the legal complications and obligations that may come with the transfer of shares equity and assets.

NEO represent an ownership of the NEO platform and allows users to buy NEO (ANC) and to vote on protocol changes on the NEO blockchain. ANS are 100% premined and issued on the NEO’s genesis block.

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